JIRE vs. CIK

Last updated Jun 4, 2026

JIRE (JPMorgan International Research Enhanced Equity ETF) and CIK (Credit Suisse Asset Management Income Fund) are both funds - JIRE is a Foreign Large Cap Equities fund actively managed by JPMorgan, while CIK is a High Yield Bonds fund tracking the BofA Merrill Lynch US High Yield Master II Constrained Index. JIRE is actively managed, while CIK is passively managed. Over the past 3 years, JIRE returned 16.07%/yr vs 5.63%/yr for CIK. At a 0.35 correlation, their price movements are largely independent. JIRE charges 0.24%/yr vs 1.50%/yr for CIK.

Performance

JIRE vs. CIK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Research Enhanced Equity ETF (JIRE) and Credit Suisse Asset Management Income Fund (CIK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIRE achieves a 7.72% return, which is significantly higher than CIK's -8.49% return.

JIRE

• 1D: -0.82%
• 1M: 3.07%
• YTD: 7.72%
• 6M: 10.12%
• 1Y: 19.81%
• 3Y*: 16.07%
• 5Y*: —
• 10Y*: —

CIK

• 1D: -1.58%
• 1M: -2.72%
• YTD: -8.49%
• 6M: -7.42%
• 1Y: -4.73%
• 3Y*: 5.63%
• 5Y*: 2.13%
• 10Y*: 7.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JIRE vs. CIK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JIRE JPMorgan International Research Enhanced Equity ETF	7.72%	31.83%	3.15%	20.00%	5.73%
CIK Credit Suisse Asset Management Income Fund	-8.49%	7.53%	1.01%	36.79%	-0.73%

Correlation

The correlation between JIRE and CIK is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since Jun 14, 2022	0.35

Return for Risk

JIRE vs. CIK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JIRE

JIRE Risk / Return Rank: 35
JIRE Sharpe Ratio Rank: 35
JIRE Sortino Ratio Rank: 35
JIRE Omega Ratio Rank: 34
JIRE Calmar Ratio Rank: 34
JIRE Martin Ratio Rank: 38

CIK

CIK Risk / Return Rank: 1
CIK Sharpe Ratio Rank: 1
CIK Sortino Ratio Rank: 1
CIK Omega Ratio Rank: 1
CIK Calmar Ratio Rank: 1
CIK Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JIRE vs. CIK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Research Enhanced Equity ETF (JIRE) and Credit Suisse Asset Management Income Fund (CIK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	JIRE	CIK	Difference
Sharpe ratio: Return per unit of total volatility	1.28	-0.42	+1.70
Sortino ratio: Return per unit of downside risk	1.86	-0.55	+2.41
Omega ratio: Gain probability vs. loss probability	1.23	0.93	+0.30
Calmar ratio: Return relative to maximum drawdown	1.69	-0.31	+2.00
Martin ratio: Return relative to average drawdown	6.14	-0.71	+6.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JIRE vs. CIK - Sharpe Ratio Comparison

The current JIRE Sharpe Ratio is 1.28, which is higher than the CIK Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of JIRE and CIK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JIRE	CIK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	-0.42	+1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.13	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.22	+0.82

Drawdowns

JIRE vs. CIK - Drawdown Comparison

The maximum JIRE drawdown since its inception was -16.11%, smaller than the maximum CIK drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for JIRE and CIK.

Drawdown Indicators

	JIRE	CIK	Difference
Max Drawdown Largest peak-to-trough decline	-16.11%	-54.81%	+38.70%
Max Drawdown (1Y) Largest decline over 1 year	-11.77%	-15.49%	+3.72%
Max Drawdown (3Y) Largest decline over 3 years	-13.61%	-15.66%	+2.05%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.22%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.15%	—
Current Drawdown Current decline from peak	-2.53%	-12.76%	+10.23%
Average Drawdown Average peak-to-trough decline	-3.03%	-13.33%	+10.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	6.63%	-3.40%

Volatility

JIRE vs. CIK - Volatility Comparison

JPMorgan International Research Enhanced Equity ETF (JIRE) has a higher volatility of 5.08% compared to Credit Suisse Asset Management Income Fund (CIK) at 3.38%. This indicates that JIRE's price experiences larger fluctuations and is considered to be riskier than CIK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIRE	CIK	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.08%	3.38%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	12.80%	8.83%	+3.97%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	11.26%	+4.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	16.02%	+0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.28%	17.29%	-1.01%

JIRE vs. CIK - Expense Ratio Comparison

JIRE has a 0.24% expense ratio, which is lower than CIK's 1.50% expense ratio.

Dividends

JIRE vs. CIK - Dividend Comparison

JIRE's dividend yield for the trailing twelve months is around 2.78%, less than CIK's 10.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIK Credit Suisse Asset Management Income Fund	10.54%	9.54%	9.34%	8.63%	10.71%	7.87%	8.57%	8.39%	9.64%	7.98%	8.35%	9.50%
JIRE JPMorgan International Research Enhanced Equity ETF	2.78%	2.99%	3.03%	2.74%	2.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JIRE and CIK in my portfolio?

JIRE and CIK have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIRE or CIK?

JIRE has higher volatility (5.08%) compared to CIK (3.38%). In terms of maximum drawdown, JIRE dropped -16.11% vs CIK's -54.81%.

Which has better risk-adjusted returns?

JIRE currently has the higher Sharpe Ratio (1.28 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.